SC notice to govt on CBI probe into chit fund scam
The Supreme Court on Thursday issued notices to the Centre and West Bengal government on a PIL seeking a CBI probe into the Saradha chit fund scam. The court also sought responses from other state governments and the Centre on the petitionersÂ’ pleas for empowering the Securities and Exchange Board of India to regulate chit fund schemes in the country. The court passed the order on two PILs filed by Pratim Kumar Singha Ray and Subrata Chattoraj seeking to stop the entire chit funds business in the country and also for a restraint on further collection of funds from investors as an immediate remedial step. Man held for posing as IPS officer A man was arrested on Thursday from the West Bengal CID headquarters,Bhawani Bhawan,for impersonating an IPS officer,police sources said. Arpan Chakraborty,27,was arrested when he went there to meet senior IPS officers posing as an assistant commissioner of police,Pune,Maharashtra. The police officials who were manning the reception desk cross checked Chakraborty,which exposed him. Chakraborty,a resident of Dum Dum,was handed over to the Alipore police station.